Germany blocks Cosco's purchase of logistics firm Zippel over security
The German economy ministry said it blocked the sale of logistics firm Zippel to Chinese state-owned group Cosco due to security concerns.
BERLIN, Oct 7 (Reuters) — The German government on Wednesday blocked the sale of logistics company Zippel to Chinese state-owned group Cosco, citing security concerns, the economy ministry said. Reporting by Holger Hansen and Thomas Seythal; editing by Linda Pasquini.